Rally in Stocks Takes Heat Off Fed, Now They Talk Rate Hikes Again, Market Expectation of a Rate Hike Spikes | Wolf Street
— Read on wolfstreet.com/2019/01/09/stock-market-rally-takes-heat-off-fed-now-they-talk-rate-hikes-again-market-expectation-of-a-rate-hike-spikes/
Th fed does not want an overhead economy or too much inflation
Two more politicians in France have abandoned Macron and joined the right party of LePen ahead of the May European elections. Our sources in France are clearly revealing that the Yellow Vest movement has had a profound impact on politics. Macron’s promises to raise taxes on the rich are falling short because that just never seems to result in lower taxes for anyone else. Our models are shaping up to show May as the major turning point here in 2019. This will have a profound impact on European share markets as well as the currency. Meanwhile, the EU is really at war with Poland and its policies have been outright deliberately intent on punishing Poland. This is leading to the development of a new coalition causing Ital and Poland to join together against Brussels to form their own anti-EU league.
— Read on www.armstrongeconomics.com/international-news/europes-current-economy/may-eu-elections-promising-to-be-major-issue/
COMMENT: Mr. Armstrong; Your ECM has been amazingly accurate. Not only did real estate peak, but it is now official, Germany is in a recession. Great job HW REPLY: There is an accurate business cycle that unfolds but you must step back and observe it from a global perspective. The Economic Confidence Model has a long track record. The numbers are shocking. For 8 out of 12 months in 2018, German production has declined. On average, manufacturing declined 4.1% in November and energy production decline 3.1% in November. Even new construction has declined 1.7%.
— Read on www.armstrongeconomics.com/international-news/germany/germany-france-slip-into-recession-following-the-economic-confidence-model/
The politicians are killing the German economy
The Yellow Vest Movement in France is turning to an all-out war against Macron. Many are now advocating withdrawing their money from backs in order to topple Macron. Yellow Vest activists ‘Gilets Jaunes’, are now supported by up to 70% of the population. This new effort stepping up their pressure to de-throne President Macron and regain French sovereignty from the hands of the EU elites and globalists is becoming really intense as they call on the people to remove Euros from French banks to destabilize the regime. Now we are witnessing the further spread of the Yellow Vest Movement as Taiwanese demonstrators have also launched their ‘yellow vest’ movement to protest taxes. The Yellow Vest Movement has also now emerged in Lebanon as people there to are calling for “Revolution” to unfold.
— Read on www.armstrongeconomics.com/world-news/taxes/yellow-vests-advocate-taking-money-out-of-banks-in-france-to-topple-macron/
Time for the working class to take back their power from corrupt and self serving politicians.
Wedged between Charing Cross and Leicester Square, Trafalgar Square is known for the throngs of people flocking to its famous attractions. Weave around the tourists on the National Gallery stairs and dodge the crowds clogging the street corners. Instead, duck down dreamy alleys and pop into unique, overlooked museums and shops. There, a secret side of this busy area waits to reveal itself.
— Read on www.atlasobscura.com/itineraries/best-secrets-of-london-trafalgar-sqaure
I start reading non stop until it comes back to me.
## THE FOUNDATION “It should be your care, therefore, and mine, to elevate the minds of our children and exalt their courage; to accelerate and animate their industry and activity; to excite in them an habitual contempt of meanness, abhorrence of injustice and inhumanity, and an ambition to excel…
— Read on patriotpost.us/digests/60472-mid-day-digest
Back in the old days federal government derived its income from tariffs, duties, and money printing. About the time the central banks were created in America, the income tax was created. All of us who work know what that is.
In America, we all work until April or May to pay our federal taxes. If you figure state, local, and all other taxes, you are getting into July.
We now have a country where more people are directly, or indirectly getting government wages, assistance, or contracts, than are paying into the system. Our federal government is now 22 Trillion in debt.
Every time we hear a politician, or pundit tell us we need to pay more taxes. That is the best solution for them and their enablers. They seldom speak of shrinking the government, the ones that do are laughed off the stage or ignored.
“If you rob Peter to pay Paul,Paul will always be your advocate.”
“The government is like a dragon 🐉, the more you feed it, the bigger it gets. It will never get smaller”
The government does not create wealth, it only redistributes it.
I am down with the Yellow Vest movement in France 🇫🇷. The working classes need to rise up and say “no more”. Peaceful protests are always preferable. If the corrupt and self serving politicians refuse to listen and try to stop or vilify the protesters, history has shown us what comes next. Let’s not repeat those sad chapters in history, and instead, learn from them.🤔
“A question has to be asked: if you are a genuine asylum seeker, why have you not sought asylum in the first safe country that you arrived in? Because France is not a country where anyone would argue it is not safe in any way whatsoever, and if you are
— Read on www.gatestoneinstitute.org/13512/english-channel-migrant-crossings
Superbowl Sunday from a Marine Corps Colonel in Afghanistan: “So with all the kindness I can muster, I give this one piece of advice to the next pop star who is asked to sing the national anthem at a sporting event: save the vocal gymnastics and the physical gyrations for your concerts. Just sing this song the way you were taught to sing it in kindergarten – straight up, no styling. “Sing it with the constant awareness that there are soldiers, sailors, airmen and Marines watching you from bases and outposts all over the world. Don’t make them cringe with your self-centered ego gratification. Sing it as if you are standing before a row of 96-year-old WWII vets wearing their Purple Hearts, Silver Stars and flag pins on their cardigans and you want them to be proud of you for honoring them and the country they love – not because you want them to think you are a superstar musician. They could see that from your costume, makeup and your entourage. Sing ‘The Star Spangled Banner’ with the courtesy and humility that tells the audience that it is about America, not you. And please not everything needs to be punked up! We’re getting a little weary of that. Francis Scott Key does not need any help.”
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